CIMC (02039) announced its financial results for the first three quarters of 2025, achieving total revenue of RMB117.061 billion and a net profit attributable to shareholders and other equity holders of RMB1.566 billion, with basic earnings per share of RMB0.2803.
During the reporting period, CIMC Vehicles (Group) Co., Ltd. (301039.SZ), the group's road transport vehicle business unit, sold a total of 101,600 vehicles globally, marking a 7.21% year-on-year increase. Despite a slight revenue decline to RMB15.012 billion, the third quarter showed sequential growth, indicating a sustained recovery trend.
In the global semi-trailer segment, domestic operations under the "Star Chain" strategy improved order fulfillment efficiency and supply chain resilience, strengthening the foundation of a unified national market. Revenue from China's semi-trailer business rose 16.3% year-on-year, with gross margin up 2.6 percentage points. Overseas, North American demand faced tariff-related disruptions, yet CIMC Vehicles maintained profitability through enhanced supply chain flexibility. European operations prioritized key accounts, while Global South markets saw revenue and sales volume grow by 15.79% and 21.39%, respectively, with gross margin increasing 2.6 percentage points.
The superstructure business (including EV•DTB) generated steady revenue growth of RMB2.333 billion, driven by new energy product expansion. For pure electric tractor-trailers, CIMC completed R&D and operational frameworks for its EV-RT2.0 series, validated prototypes for electric dump and mixer trucks, and launched pilot sales in southwest China via four EV-T centers. Future efforts will focus on business models, technology, and application scenarios to build an integrated ecosystem.
CIMC Tianda Holdings Ltd., overseeing airport/logistics equipment and fire/rescue operations, posted rapid revenue and profit growth. Airport business gains stemmed from optimized delivery schedules and high-quality backlog execution. Logistics equipment benefited from major international orders, including the delivery of an automated warehouse for a leading domestic petrochemical project. Firefighting initiatives aligned with China’s Belt and Road strategy, expanding overseas via the Ziegler brand while advancing smart and unmanned firefighting technologies through national R&D projects.
CIMC Logistech (Group) Co., Ltd. faced headwinds from declining global shipping rates and tariff volatility but improved cash flow significantly through receivables management and operational streamlining. Its "Second Entrepreneurship" strategy realigned operations into three business groups (ocean shipping, industry logistics, and port logistics) to support 2030–2035 goals. Global expansion continued with new Middle East/Africa hubs and IT upgrades to bolster profitability. The company retained its top-four ranking in China’s freight forwarding industry.
CIMC’s returnable packaging business returned to profitability, driven by order breakthroughs and cost-saving measures. Manufacturing margins expanded with new energy client wins, while service operations gained from deeper engine market penetration and asset management enhancements.